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Car Finance - Car handed back in 2002
Not to sure where this should be as it is a question about Experian.
Was unemployed in 2001/2 for 9 months, and decided that the best thing to do was hand back the car and provide a settlement for the outstanding debt.
This was voluntary as it states on my Credit Report.
Had many other defaults, all of which were resolved a few years back and none of which now appear on any report.
The account was settled in Nov 2002, going on the 6 years until it drops off, it will not be until Nov 2008.
The Car Finance was with FCE Loans.
This is the only thing that blemishes my current report and was wondering if there is any way at all of writing to the company concerned to get the entry removed or is it up to Experian when they remove it?
The problem being is that if I apply for credit with a company that uses Experian am declined, nothing else except the Car Finance shows any issues, only 3 searches for credit within the last 12 months.
Would appreciate any advise.
Was unemployed in 2001/2 for 9 months, and decided that the best thing to do was hand back the car and provide a settlement for the outstanding debt.
This was voluntary as it states on my Credit Report.
Had many other defaults, all of which were resolved a few years back and none of which now appear on any report.
The account was settled in Nov 2002, going on the 6 years until it drops off, it will not be until Nov 2008.
The Car Finance was with FCE Loans.
This is the only thing that blemishes my current report and was wondering if there is any way at all of writing to the company concerned to get the entry removed or is it up to Experian when they remove it?
The problem being is that if I apply for credit with a company that uses Experian am declined, nothing else except the Car Finance shows any issues, only 3 searches for credit within the last 12 months.
Would appreciate any advise.
0
Comments
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Only the company that put it on can remove it. You can comment against it through experian but for an automated search this isnt much help only if someone actually does a full search would they see your comments.
I cannot see why the finance company would want to remove it but if you dont ask them they certainly wontAll posts made are simply my own opinions and are neither professional advice nor the opinions of my employers
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